The Coming Bond Market Collapse

  • by Michael G. Pento
  • Narrated by Noah Michael Levine
  • 11 hrs and 59 mins
  • Unabridged Audiobook

Publisher's Summary

A book that is certain to spark controversy within the financial media and throughout the halls of government, The Coming Bond Market Collapse sounds a clarion call to investors, business leaders, and policymakers. Author Michael Pento, a noted adherent of the Austrian school of economics theories, compellingly argues that the United States is fast approaching the end stage of the biggest asset bubble in history. He describes how the bursting of that bubble will trigger a massive interest rate shock that will send the U.S. consumer-driven economy and the U.S. government - now pumped up by massive Treasury debt - into bankruptcy, an event that, in turn, will send violent shockwaves throughout the global economy.
Backed by a wealth of historical and economic data, Mr. Pento examines how the policies followed by both the Federal Reserve and private industry have led, inexorably, to the impending disaster, and he exposes alarming parallels between the U.S. and European debt crises.
But this book isn't all doom and gloom. A top market analyst who accurately foretold the bursting of the housing bubble in most major print and TV media, Michael Pento also provides well-reasoned solutions that government, industry, and individual investors can take to insulate themselves against the coming crisis.
Just as importantly, Mr. Pento delivers proven strategies and tools investors can use to successfully navigate the rocky times ahead and to not only survive the crisis, but capitalize on it.


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Customer Reviews

Most Helpful

Highly biased and of limited value to all levels of listeners.

As a reader, I would be classed as an finance industry professional. I listen to an awful lot of financial theory and post crisis books, most of which provide me with helpful insight and knowledge.

Unfortunately, this book would be damaging to a novice and at best could be used by professionals as training to ignore loud market rhetoric from narrow minded commentators.
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- James Peter Selman

Poor book, misleading and full of bad information.

This book was an enormous disappointment. The author attempts to come across as an authority but my perception is that he is misinformed and has huge holes in is knowledge. He explains various instruments, such as Credit Default Swaps so badly, it made me cringe. Furthermore, he refers to Ben Bernanke as "Banana Ben" and in other parts, he refers to other past leaders as "imbeciles", while I'm unbiased and open minded, this sort of commentary does not inspire feelings of authority. The constant repetition of "de leveraging" and the spurious parallels drawn between the crash of the 1930s and the latest recession is laughable. Not once does he mention that the most significant reason of the 1930s "great recession" was that the balance sheets were extremely weak, which was not the case of the most recent "crash". Overall, a fantastically poor book. Not recommended.
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- Mr. Ca Angus

Book Details

  • Release Date: 25-11-2013
  • Publisher: Audible Studios